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Price Reduced: RTI NOW!!! Can start building today. Multifamily development site located at 214 South Rampart Boulevard, in the highly sought-after neighborhood in Westlake, Los Angeles. Located between W. 3rd Street and Beverly Boulevard, just east of Occidental Boulevard. This major north-south thoroughfare in Westlake connects Koreatown and Rampart Village to the financial district and Downtown Los Angeles. Close to MacArthur Park, La Fayette Park and Echo Park, along with quick and convenient access to Red & Purple Metro lines, as well as 110, 101, and 10 Freeways. The offering entails a 5-story type III-A, 24-unit apartment building over 1-level basement private garage. The project will contain 10 studios and 14 one-bedroom units, with 2 extremely low-income units, a 1 bed and single. Parking includes 12 car and 26 bicycle spaces. 2,000 square feet have been allotted to open space including a rear yard area, fitness center, and private balconies.
Listing agent: Jon Emrani DRE #01427038 jon.emrani@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/4/2026, 11:45:11 AM PT
Source: CRMLS, MLS #: 22121919
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 10, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,850,000Closed sale · Oct 10, 2022ZIP 90057 · Oct 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.